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During September, ABC Company budgeted for 30,000 customers, but actually served 29,000 customers. Revenue is budgeted at $3.80 per customer served while wages and salaries
During September, ABC Company budgeted for 30,000 customers, but actually served 29,000 customers. Revenue is budgeted at $3.80 per customer served while wages and salaries are budgeted at $31, 200 per month plus $1.40 per customer served. Supplies are budgeted at $0.70 per customer served. Insurance is a fixed expense at $8,500 per month. Miscellaneous expenses are budgeted at $3,700 per month plus $0.10 per customer served. Required: Prepare the company's flexible budget for Octuber based on the actual level of activity for the month
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